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A comment on UK faces worst downturn of any advanced economy, OECD says. Parent comment

Re:UK faces worst downturn of any advanced economy, OECD says by chmod775 on Wednesday November 23, 2022 @10:27AM (#33720347)
You honestly believe these differences are duo to internal policy?

This may be interesting to you: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...

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Re:UK faces worst downturn of any advanced economy, OECD says by realgeniushere on Wednesday November 23, 2022 @03:07PM (#33723893)
And considering PPP, the US still smokes all the major European powers. What is your point?
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Re:UK faces worst downturn of any advanced economy, OECD says by chmod775 on Wednesday November 23, 2022 @04:12PM (#33724596)
It does not seem like you want to give any contrasting explanation so much as a thought.

Your 40% gap turns into an 18% gap. Further more libertarian economies don't look particularly exceptional.

Together this suggest that the differences in GDP are much more easily explained by existing wealth and foreign policy/trade, instead of domestic factors.

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